09
Jul
16:48
NICKEL, COBALT: Nickel Rock, Surge Battery Metals to develop JV in BC
Canada-based Surge Battery Metals says it has signed an option agreement with Nickel Rock Resources that would enable Surge to earn an undivided 80% in the Hard Nickel and Nickel 100 groups of nickel-cobalt-chromium claims in the Mitchell Range in northern British Columbia, Kallanish reports.
Surge will issue 5 million shares of its common stock to Nickel Rock. In addition, Surge will agree to spend CAD 200,000 ($160,400) on exploration expenses on the property wi…
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Very good overview of the weekly steel market.
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